Reply
Contributor
Eightiron
Posts: 158
Registered: ‎08-23-2013
0

Gas and Grocery card for fiance help.

My fiance is looking for a new card.  This card will be used 99.9% of the time on gas and groceries.  What card would you suggest, or do you use for these purchases.  Cash back or Rewards could both work.

 

score 690-710 range currently(should go up slightly by the time she apps)

Utilization will be less than 8% when she apps.

AAoA i believe 4 or 5 years.

 

Limited history, one car loan and one VS card.

 

(should she ask for CLI on VS card to help with Util. and hopefully show she can manage a higher CL when she apps)

 

Am I right that she should wait to Shopping cart trick with JCrew until AFTER she apps for a G/G card?  I know the extra LOC might help,  but this would greatly effect her AAoA.


Gardening now for that spring harvest Entered 9/4/13 leaving 4/14
Contributor
supervelous
Posts: 125
Registered: ‎08-09-2013
0

Re: Gas and Grocery card for fiance help.

AMEX BCE or BCP depending on how much used.  American Express Blue Cash Preferred gives 6% cash back on Groceries and 3% Cash Back on Gas.  It does have a $75 Annual Fee, but if you sign up through creditcards.com there's a $250 bonus if you spend $1,000 in first 3 months (if you app via Amex site it's $150).  

 

BCE (Everyday) has no annual fee but pays out less in percentages.  But I think if you spend more than $2,500 on groceries a year it pays for itself.  And you can always buy gift cards at the grocery store to pay for other things you need.  I will be buying a video game next week, and will buy Gamestop gift cards from the grocery store with my AMEX,  6% Cash back.

 

Looks like your fiance's scores are good enough, not sure how Amex would view the limited history.  

Contributor
Eightiron
Posts: 158
Registered: ‎08-23-2013
0

Re: Gas and Grocery card for fiance help.

I apped for AmEx with limited history and got the instant denial.  I'm pretty sure they like to see another prime bank card under your name before they stick their neck out.  I could be wrong.  BCP would be such a nice card for her though. 


Gardening now for that spring harvest Entered 9/4/13 leaving 4/14
Regular Contributor
yellowcake
Posts: 142
Registered: ‎05-07-2011
0

Re: Gas and Grocery card for fiance help.

Barclays Sallie Mae World MasterCard:  5% cash back on $250 of Gas, Groceries, and books monthly.

 

https://www.salliemae.com/landing/WorldCreditCard/


myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}